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☆ Jim Cramer predicts these ten S&P 500 stocks will perform well in 2023
▼ + stars: | 2023-01-04 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday offered investors a selection of stocks that he believes will do well this year. To come up with his picks, he examined the best- and worst performers in the S&P 500 from last year and chose five potential 2023 winners from each list. Here are the best-performers from 2022 that Cramer believes could continue to see gains this year:HalliburtonCramer predicted that the stock has a multi-year rally ahead of it. Enphase EnergyCalling it the "renewable golden boy," Cramer said the solar energy technology company is a profitable, solid business. Northrop GrummanThe company's stock could be the best defense contractor to own as the war between Russia and Ukraine continues, according to Cramer.

☆ Big Tech predictions for 2023: A rival for Twitter, Amazon deceleration, Google's AI wake-up call, Microsoft's serious game, cloud bills, and DTC decline
▼ + stars: | 2022-12-28 | by ( Hugh Langley | Kali Hays | Ashley Stewart | ) www.businessinsider.com time to read: +9 min

The painful adjustments will ripple across the industry in 2023.Insider's Big Tech reporters share what to watch this coming year. At $44 billion, the debt-fueled deal was completed quickly at valuations from the frothy tech bull market of 2021. Jonathan Raa/NurPhoto via Getty ImagesThe slow breakdown of Twitter under Musk appears to be upon us. Mastodon has experienced a major influx of users, hitting more than 5 million accounts after Musk took over Twitter. With intense tech antitrust scrutiny, these new services are unlikely to be gobbled up by Big Tech.

☆ ‘Avatar: The Way of Water’ nears $900 million globally
▼ + stars: | 2022-12-25 | by ( Sarah Whitten | Whitten Is A Social Media Writer For Cnbc. | ) www.nbcnews.com time to read: +3 min

Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with most seeing a 50% to 70% slip. Box office analysts noted that cold winter weather and storms during the Christmas weekend likely led to slower ticket sales domestically. Additionally, international ticket sales continue to thrive. “The Way of Water” has generated $855 million in global ticket sales since its Dec. 16 release — $254 million domestically and $601 million from international markets.

☆ 'Avatar: The Way of Water' nears $900 million globally, boosted by international ticket sales
▼ + stars: | 2022-12-25 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Disney and James Cameron's "Avatar: The Way of Water" snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with most seeing a 50% to 70% slip. Box office analysts noted that cold winter weather and storms during the Christmas weekend likely led to slower ticket sales domestically. Additionally, international ticket sales continue to thrive. "The Way of Water" has generated $855 million in global ticket sales since its Dec. 16 release — $254 million domestically and $601 million from international markets.

☆ Twitter alternatives that got traction after Elon Musk takeover are suddenly seeing downloads plunge. Which has staying power and who is the next Clubhouse?
▼ + stars: | 2022-12-24 | by ( Kali Hays | ) www.businessinsider.com time to read: +9 min

Long before Elon Musk came along, Twitter users bemoaned the service yet remained addicted to it. It is a text-based social platform, or "microblogging" site, home to independent servers, or "instances." In early November, the hashtag TwitterMigration was trending on Mastodon for several days as Twitter users set up accounts amid Musk's chaotic takeover. Daily users have held steady though, at 1.4 million, a major increase from its usage prior to Musk's takeover of Twitter, which typically hovered around 20,000 daily users. Yet, it has maintained more than 500,000 daily users.

☆ 'Avatar: The Way of Water' needs a strong second week at the box office
▼ + stars: | 2022-12-23 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

All eyes are on "Avatar: The Way of Water's" second week at the box office. James Cameron's long-awaited sequel to the highest-grossing film of all time fell short of initial box-office expectations during its debut last week. The movie's second week will help clarify its longer-term box-office prospects. Showbiz analysts often look to the second week drop as an indicator of whether a film will have longevity at the box office or may fizzle quickly. A key example is Paramount and Skydance's "Top Gun: Maverick" which saw ticket sales decline just 29% in its second week in theaters.

☆ Got a thriving side hustle? Here's how and when to tell your boss about it — and why you probably should.
▼ + stars: | 2022-12-21 | by ( Alexandra York | Rebecca Knight | ) www.businessinsider.com time to read: +7 min

Experts say it's important to tell your boss about your side hustle. It's probably time to tell your boss about it. If your side hustle is already a thriving business, you tell your boss right away. PeopleImages/GettyBut if your side hustle is already a thriving business, you should mention it right away, she said. If you have a good relationship with your boss, consider having a frank conversation about how your full-time work benefits from the side hustle.

☆ VCs say superpowered software, a dearth of new funds, and rampant M&A among the tech trends to watch in 2023
▼ + stars: | 2022-12-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +1 min

We asked investors from firms like Accel, Sequoia, IVP, and Lightspeed to share their forecasts. Party rounds are out, unicorns are in, and the venture market will get worse before it gets better. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Loading Something is loading. We asked them to reveal the hot sectors they're eyeing, the trends that will fizzle, and the new realities of fundraising — for both startups and venture fund managers — in a tech downturn.

☆ Here’s how to invest in the stock market next year, according to Bank of America
▼ + stars: | 2022-12-08 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

"Once rate hikes bite labor markets, the Fed will pause, and investors should deploy the $1.9 trillion," Bank of America strategists said. With a new normal of elevated inflation, BofA expects equal-weighted stock market indices to perform better than market-cap-weighted ones. How will you adjust your stock market investing strategy for the new year as recession signals heat up? The legendary investor estimated that policymakers may push the benchmark rate as high as 5.5%, which he warned could weigh especially heavily on the stock market. The stock market's recent run is due to fail even as investors are anticipating a Fed pivot ahead.

U.S. shale production costs are soaring and there is no sign that tight-fisted investors will change their demands for returns rather than investment in expanding drilling. At Helmerich & Payne (HP.N), one of the largest drilling contractors, its R&D budget will rise only $1 million, from 2022's $27 million. The U.S. government expects overall oil production to reach a new peak next year, but it has several times this year cut its forecasts. Shale production declines rapidly after peaking compared to conventional oil wells, falling about 50% after the first year. Lower production rates are "a longer-term prospect," said Mike Oestmann, chief executive of shale producer Tall City Exploration.

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☆ US intelligence thinks China's protests will likely fizzle out because they are disorganized and leaderless: Politico
▼ + stars: | 2022-12-02 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +2 min

US officials think the protests in China are unlikely to gain momentum, Politico reported. Politico saw government communications on how the protests have been leaderless and disorganized. That's according to government communications from Tuesday seen by Politico that described the movements as disorganized and mostly leaderless. Some protesters in Shanghai described being pulled from the crowd indiscriminately, and being beaten and hung upside down by police officers. Protests in Shanghai and Beijing have largely died down, though there were still clashes between protesters and police in Guangzhou on Tuesday night.

The S&P 500 is down 14.4% year-to-date. U.S. consumer prices rose less than expected in October, supporting the view that inflation was ebbing. Further ahead, some of Wall Street’s biggest banks are now forecasting that the Fed's monetary policy tightening will bring on a recession next year. In options markets, traders appear more preoccupied with not missing out on more gains in stocks than guarding against future declines. The one-month moving average of daily trading in bearish put contracts against bullish calls on the S&P 500 index-tracking SPDR S&P 500 ETF Trust's options is at its lowest since January 2022, according to Trade Alert data.

[1/10] Delegates applaud as COP27 President Sameh Shoukry delivers a statement during the closing plenary at the COP27 climate summit in Red Sea resort of Sharm el-Sheikh, Egypt, November 20, 2022. "We had to fight relentlessly to hold the line of Glasgow," a visibly frustrated Alok Sharma, architect of the Glasgow deal, told the summit. He listed off a number of ambition-boosting measures that were stymied in the negotiations for the final COP27 deal in Egypt: "Emissions peaking before 2025 as the science tells us is necessary? Another section of the COP27 deal dropped the idea of annual target renewal in favour of returning to a longer five-year cycle set out in the Paris pact. "I recognise the progress we made in COP27" with the loss and damage fund, Aminath Shauna told the plenary.

However, Biden said the weapon was probably not fired by Russia, although the investigation was ongoing. NATO ambassadors will hold an emergency meeting on Wednesday with a news conference due around 11.30 GMT. The European common currency was then knocked off that high, falling as low as $1.028 after news of the explosion in Poland sent traders to the safety of the dollar, which also caused falls in equities. "Geopolitical risks continue to hang over currency markets and are likely to remain a key driver of volatility," she said. The greenback was also down 0.15% on the Swiss franc at 0.9418, near Tuesday's seven-month low, and the dollar index, which tracks the greenback against six main peers, was 0.24% lower at 106.26.

☆ The method to Elon Musk's Twitter madness reveals itself
▼ + stars: | 2022-11-14 | by ( Matt Weinberger | ) www.businessinsider.com time to read: +5 min

The theme of last week was chaos and hubris, amid a massive wave of tech layoffs and the turmoil at Twitter under new owner Elon Musk. The method to the Twitter madness emerges. Salesforce insiders say they were set up to fail. Last week, Salesforce laid off workers who it said were underperforming. The jokester behind the popular Jesus Christ account on Twitter tells Insider how Elon Musk's new Twitter Blue got him verified after 14 years on the platform.

☆ 'Black Panther: Wakanda Forever' arrives when movie theaters need it most, after a months-long drought of blockbusters
▼ + stars: | 2022-11-11 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

"Black Panther: Wakanda Forever" opened in theaters Thursday night. That leaves "Wakanda Forever" to pick up the slack and give theaters a much-needed win after a drought of blockbusters. The first "Black Panther" opened with $202 million in the US and some projections put the sequel in that range. "Wakanda Forever" opened on Thursday night with $28 million, more than the first movie's opening Thursday of $25 million. But after "Wakanda Forever," it's back to a drought.

☆ Cramer’s week ahead: The market needs weak retail sales data to stay strong
▼ + stars: | 2022-11-11 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Home DepotQ3 2022 earnings release at 6 a.m. ETProjected EPS: $4.12Projected revenue: $37.94 billionWednesday: Lowe's, TJX, Target, NvidiaLowe'sQ3 2022 earnings release at 6 a.m. TargetQ3 2022 earnings release at 6:30 a.m. Thursday: Kohl's, Gap, Palo Alto NetworksKohl'sQ3 2022 earnings release at 7 a.m. Friday: Foot LockerQ3 2022 earnings release at 6:45 a.m.

☆ Stock market rally will be put to test in week ahead, after yields fall and tech surges
▼ + stars: | 2022-11-11 | by ( Patti Domm | In | ) www.cnbc.com time to read: +10 min

This week, bond yields also came off their highs and were sharply lower, paving the way for gains in tech and growth shares. They include Fed Vice Chair Lael Brainard, New York Fed President John Williams and Minneapolis Fed President Neel Kashkari to name a few. Hogan said that group includes Bullard, Brainard and San Francisco Fed President Mary Daly. Many strategists are calling the move higher a bear market rally, and some expect it will fizzle in December while others say it could continue into the new year. Friday Earnings: JD.com, Foot Locker, Buckle 8:40 a.m. Boston Fed President Susan Collins 10:00 a.m.

☆ Evercore ISI upgrades Kroger, sees shares jumping 18% as inflation boosts grocery shopping
▼ + stars: | 2022-11-09 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Now is the time to buy into shares of Kroger, according to Evercore ISI. The firm on Wednesday upgraded the grocery chain to outperform from in-line and raised its price target to $56 from $49. He also sees further potential for upside when the merger between Kroger and Albertsons is completed, adding fuel to his bull case for the stock. Albertsons merger boost The planned merger with Albertsons could add a nice kicker to Kroger shares at the end of the year. If the merger doesn't go as smoothly as hoped or price cuts hurt Kroger's sales, the upside that Evercore sees could fizzle.

☆ DC's 'Black Adam' will likely fizzle at the box office without a China release, as Marvel's 'Wakanda Forever' threatens to halt its momentum
▼ + stars: | 2022-11-08 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

DC's "Black Adam" cost nearly $200 million to make and has earned $321 million globally. It doesn't have a China release yet, and Marvel's "Black Panther: Wakanda Forever" opens this weekend. With Marvel's "Black Panther: Wakanda Forever" hitting theaters this weekend, "Black Adam" will likely quickly fizzle at the box office. The first "Black Panther" grossed $202 million in its first weekend in the US, more than the $138 million "Black Adam" has earned in three weekends. On its current trajectory, "Black Adam" is on the way to being a box-office disappointment.

☆ Spotify is going to war with Apple after the App Store rejected its big new feature
▼ + stars: | 2022-11-01 | by ( Oliver Darcy | ) edition.cnn.com time to read: +4 min

New York CNN Business —Spotify is looking to give Apple a good bruising in the press. Here’s the backstory: Spotify (SPOT) simply refuses to fork over the whopping 30% cut of its business to Apple. That means that the company cannot sell audiobooks, a business it is trying to break into, inside its iOS app. iOS users who scroll through Spotify’s audiobooks library and tap on a selection are greeted with a message: “Want to listen? Spotify’s public war on Apple is part of a larger trend lately, with other Big Tech companies taking aim at the iPhone maker.

☆ Explainer: Drag queens and how they got pulled into politics
▼ + stars: | 2022-10-31 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

Opponents often coordinate protests at drag events that feature or cater to children, sometimes showing up with guns. Some politicians have proposed banning children from drag events and even criminally charging parents who take their kids to one. Is drag sexual? Many drag opponents cite nudity in their objections. Threats to drag events, and story hours in particular, have increased along with the rhetoric.

☆ U.S. economy rebounds in Q3 on boost from trade, but demand stalling
▼ + stars: | 2022-10-27 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

While overall inflation slowed substantially from the second quarter, underlying price pressures continued to bubble. Gross domestic product increased at a 2.6% annualized rate last quarter after contracting at a 0.6% pace in the second quarter. That was the slowest rise in this measure of domestic demand since the second quarter of 2020 and followed a 0.5% rate of increase in the second quarter. A broader measure of inflation in the economy rose at a 4.6% rate, decelerating from a 8.5% pace of increase in the second quarter. Business inventories increased at a rate of $61.9 billion after rising at a pace of $110.2 billion in the second quarter.

☆ Digital LeBron vs. analog Mantle: Sports collectibles remain hot despite NFT boom
▼ + stars: | 2022-10-15 | by ( Jake Traylor | Jake Traylor Is An Associate Producer For Msnbc. | ) www.nbcnews.com time to read: +7 min

But amid a crypto winter, the future trajectory of the sports memorabilia market, tangible or NFT, is being disputed. Meanwhile, the success of NBA Top Shot, arguably the most successful sports NFT market, soared and eventually crashed. Millennials are driving the NFT market, according to a Morning Consult survey that found 42% of all NFT collectors are 26 to 40 years old. Some sports market experts argue that regardless of an NFT bounce back, tangibles and NFTs in the sports memorabilia market don’t compete with each other. “I don’t think that [NFTs] are going to eat into the physical memorabilia market,” said Pete Giorgio, leader of Deloitte Consulting’s global and U.S. sports practice, who tracks and forecasts the sports memorabilia market.

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